Question: how do you do this in the financial calculator 26. IBIS Corporation has had dividends grow from $2.50 per share to $6.50 per share over

how do you do this in the financial calculator 26. IBIS Corporationhow do you do this in the financial calculator

26. IBIS Corporation has had dividends grow from $2.50 per share to $6.50 per share over the last 10 years (the $6.50 per share dividend was paid yesterday; that is, Do = $6.50). This compounded annual growth rate in dividends is expected to continue into the future forever. If the current market price of IBIS's stock is $45.00 per share, what rate of return do investors expect to receive from buying IBIS stock

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